Osisko Announces the Vote Results from its Annual and Special Meeting of Shareholders

MONTREAL, May 04, 2018 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (TSX:OR) (NYSE:OR) announces that, at the annual and special meeting of shareholders held on May 3, 2018, each of the 10 nominees listed in the management information circular filed on March 29, 2018 (the “Circular”) with regulatory authorities were elected as directors of the Corporation.

Based on the proxies received and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders’ meeting, with the following results:

Election of Directors

RESOLUTION No1
Name of Nominee

Votes cast
FOR

Percentage (%) of votes cast
FOR

WITHHELD

Percentage (%)
WITHHELD

Françoise Bertrand

124,293,169

99.44

694,519

0.56

John Burzynski

117,375,123

93.91

7,612,565

6.09

Pierre D. Chenard

124,621,716

99.71

365,972

0.29

Christopher C. Curfman

124,461,483

99.58

526,205

0.42

Joanne Ferstman

124,323,634

99.47

664,054

0.53

André Gaumond

124,035,155

99.24

952,533

0.76

Pierre Labbé

124,656,616

99.74

331,072

0.26

Oskar Lewnowski

124,031,269

99.23

956,419

0.77

Charles E. Page

124,444,166

99.57

543,522

0.43

Sean Roosen

123,542,449

98.84

1,445,239

1.16

Appointment and Remuneration of Auditors

Based on the proxies received and the votes on a show of hands, PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as independent auditor of the Corporation for the ensuing year and the directors are authorized to fix their remuneration, with the following results:

RESOLUTION No2

Votes cast
FOR

Percentage (%) of votes cast
FOR

WITHHELD

Percentage (%)
WITHHELD

Appointment and Remuneration of Auditors

131,371,967

99.70

393,624

0.30

Approval of Amendments to the Employee Share Purchase Plan and Approval of all Unallocated Rights and Entitlements

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve amendments to the Employee Share Purchase Plan and approve all unallocated rights and entitlements under the plan, the results are as follows:

RESOLUTION No3

Votes cast
FOR

Percentage (%) of votes cast
FOR

Votes cast
AGAINST

Percentage (%)
AGAINST

Ordinary Resolution to approve amendments to the Employee Share Purchase Plan and approve all unallocated rights and entitlements

124,652,212

99.73

335,474

0.27

Approval of Amendments to the Stock Option Plan

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve amendments to the Stock Option Plan, reducing the number of common shares of the Corporation issuable under the Stock Option Plan to a rolling 5% of the issued and outstanding common shares of the Corporation, the results are as follows:

RESOLUTION No4

Votes cast
FOR

Percentage (%) of votes cast
FOR

Votes cast
AGAINST

Percentage (%)
AGAINST

Ordinary Resolution to approve amendments to the Stock Option Plan

123,518,644

98.82

1,469,144

1.18

Approval of the Amended Restricted Share Unit Plan

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve the amended Restricted Share Unit Plan and approve all unallocated rights and entitlements under the plan, the results are as follows:

Based on the proxies received and the votes on a show of hands with respect to the adoption of an advisory resolution accepting the Corporation’s approach to executive compensation, the results are as follows:

RESOLUTION No6

Votes cast
FOR

Percentage (%) of votes cast
FOR

Votes cast
AGAINST

Percentage (%)
AGAINST

Advisory Resolution on Executive Compensation

123,967,898

99.18

1,019,788

0.82

About Osisko Gold Royalties Ltd

Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 130 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by five cornerstone assets, including a 5% NSR royalty on the Canadian Malartic Mine, which is the largest gold mine in Canada. Osisko also owns a portfolio of publicly held resource companies, including a 15.5% interest in Osisko Mining Inc., a 12.7% interest in Falco Resources Ltd. and a 32.6% in Barkerville Gold Mines Ltd.